Digital Evidence Management Market Size worth USD 7.56 Billion by 2023


Posted June 30, 2021 by Sidhant18

Digital Evidence Management Market Size worth USD 7.56 Billion by 2023

 
The report "Digital Evidence Management Market Size by Component (Hardware, Software (Evidence Collection, Storage, and Sharing, Evidence Security, and Evidence Analytics and Visualization), and Services), Deployment Type, and Region - Global Forecast to 2023", The digital evidence management market size is expected to grow from USD 4.35 billion in 2018 to USD 7.56 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period. The major factors that are expected to drive the growth of the digital evidence management market include the increasing rate of digital crimes and growing government concerns toward evidence security. In addition to this, the rising investments in digital evidence management technologies is another major driver for the market growth.

Browse in-depth TOC on “Digital Evidence Market”

46 – Tables
43 – Figures
116 – Pages

The hybrid deployment to grow at the highest CAGR during the forecast period

The hybrid deployment is expected to grow at the highest CAGR during the forecast period, as the hybrid deployment type offers a mix of on-premises and cloud services. It enables access to evidence from both on-premises and cloud. Additionally, it offers flexibility to investigators uploading sensitive and critical evidence in the private cloud or on-premises, whereas the public cloud can be used to host less critical evidence.

The software segment to hold the largest market share during the forecast period

Digital evidence management software assists prosecutors and investigators in managing, analyzing, visualizing, sharing, and storing evidence. It enhances and digitizes the entire investigation process, which assists in tracking patterns and criminal activities. In addition to this, it assists in examining structured or unstructured data sets to gain insights for drawing conclusions out of the collected evidence to build effective and accurate results.

Get More Info @ https://www.marketsandmarkets.com/Market-Reports/digital-evidence-management-market-137502457.html

North America to have the largest market share during the forecast period

North America is expected to have the largest market share in the global digital evidence management market. North America comprises 2 main regions, namely, the US and Canada. The US holds the largest market share in the digital evidence management market; this is evident from the fact that many government and law enforcement agencies in the US are taking initiatives to strengthen the cybersecurity sector. Another reason that is attributed to North America’s major share in the market is that the region is home to many digital evidence management vendors.

Key Players:

Panasonic (Japan), Motorola (US), NICE (Israel), AcsessData (US), MSAB (Sweden), OpenText (Canada), Digital Detective (UK), Cellebrite (Israel), Paraben (US), QueTel (US), IBM (US), Oracle (US), Hitachi (Japan), Capita (UK), Vidizmo (US), Coban (US),Reveal Media (UK), Porter Lee Corporation (US), SoleraTec (US), VeriPIc (US), FileOnQ (US), Tracker Products (US), Intrensic (US), Foray (US), and WatchGuard (US)

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/digital-evidence-management.asp
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By MarketsandMarkets's
Phone 8886006441
Business Address United States
Country United States
Categories Business
Last Updated June 30, 2021